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U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…

Inflation falls 0.1% in June from prior month, helping case for lower rates

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…

Watch Fed Chair Jerome Powell testify live before Senate banking panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%

The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department…

Friday’s jobs report expected to show slowing payroll gains as concern rises about broader economy

With signs building that the labor market is at least slowing if not something worse, the June nonfarm payrolls report…